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Filing year 2024

TODD-WADENA ELECTRIC COOPERATIVE INC

Wadena, Minnesota·EIN 41-0579258·12
Total revenue
$23.7M
Total assets
$65.7M
Total expenses
$23.1M
Reported officers
14

Executive compensation, broken down

Form 990 · Schedule J · 14 reported individuals · Filing year 2024

$335k
$360k
Base
$245k
Bonus
Other
$12k
Benefits
$32k
Finance Manager/cfo
officer (unspecified)
$255k
$275k
Base
$156k
Bonus
Other
$2k
Benefits
$37k
Crew Chief
highest compensated employee
$207k
$222k
Base
$153k
Bonus
Other
$511
Benefits
$30k
Operations Manager
highest compensated employee
$203k
$218k
Base
$151k
Bonus
Other
$2k
Benefits
$33k
Member Service Manager
highest compensated employee
$192k
$207k
Base
$148k
Bonus
Other
$1k
Benefits
$27k
Line Worker
highest compensated employee
$184k
$198k
Base
$134k
Bonus
Other
$476
Benefits
$37k
Crew Chief
highest compensated employee
$161k
$173k
Base
$131k
Bonus
Other
$303
Benefits
$15k
Board Chair
board chair
$18k
$19k
Secretary
board secretary
$14k
$15k
Vice Chair
board vice chair
$13k
$14k
Director
board member
$13k
$14k
Treasurer
board treasurer
$13k
$14k
Director
board member
$13k
$14k
Director
board member
$12k
$13k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 2%
from 2023

From $327k in 2023 to $335k in 2024.

$327k
2023
$335k
2024
In today's dollarsEst.
Roughly flat in real terms$361k to $360k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

TODD-WADENA ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$23.1M
$23M
2023
$23.7M
$23.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
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